GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fabrinet (STU:FAN) » Definitions » Cyclically Adjusted PB Ratio

Fabrinet (STU:FAN) Cyclically Adjusted PB Ratio : 7.30 (As of Sep. 21, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fabrinet Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Fabrinet's current share price is €206.20. Fabrinet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €28.24. Fabrinet's Cyclically Adjusted PB Ratio for today is 7.30.

The historical rank and industry rank for Fabrinet's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:FAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.39   Max: 8.99
Current: 7.87

During the past years, Fabrinet's highest Cyclically Adjusted PB Ratio was 8.99. The lowest was 2.20. And the median was 4.39.

STU:FAN's Cyclically Adjusted PB Ratio is ranked worse than
93.99% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs STU:FAN: 7.87

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Fabrinet's adjusted book value per share data for the three months ended in Jun. 2024 was €44.869. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €28.24 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fabrinet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fabrinet's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fabrinet Cyclically Adjusted PB Ratio Chart

Fabrinet Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 5.21 3.61 5.02 8.23

Fabrinet Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.02 6.21 6.92 6.57 8.23

Competitive Comparison of Fabrinet's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Fabrinet's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fabrinet's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fabrinet's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fabrinet's Cyclically Adjusted PB Ratio falls into.



Fabrinet Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Fabrinet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=206.20/28.24
=7.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fabrinet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Fabrinet's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=44.869/132.5538*132.5538
=44.869

Current CPI (Jun. 2024) = 132.5538.

Fabrinet Quarterly Data

Book Value per Share CPI Adj_Book
201409 9.657 100.428 12.746
201412 10.318 99.070 13.805
201503 12.094 99.621 16.092
201506 12.042 100.684 15.854
201509 12.053 100.392 15.914
201512 12.955 99.792 17.208
201603 13.232 100.470 17.457
201606 13.647 101.688 17.789
201609 14.203 101.861 18.483
201612 15.912 101.863 20.706
201703 16.259 102.862 20.952
201706 16.245 103.349 20.836
201709 15.798 104.136 20.109
201712 16.359 104.011 20.848
201803 16.372 105.290 20.611
201806 17.408 106.317 21.704
201809 17.828 106.507 22.188
201812 19.120 105.998 23.910
201903 19.919 107.251 24.618
201906 20.733 108.070 25.430
201909 21.858 108.329 26.746
201912 22.569 108.420 27.593
202003 23.007 108.902 28.004
202006 23.559 108.767 28.711
202009 23.001 109.815 27.764
202012 23.123 109.897 27.890
202103 24.451 111.754 29.002
202106 25.116 114.631 29.043
202109 26.315 115.734 30.139
202112 28.693 117.630 32.333
202203 30.334 121.301 33.148
202206 32.549 125.017 34.511
202209 35.953 125.227 38.057
202212 35.709 125.222 37.800
202303 36.809 127.348 38.314
202306 37.464 128.729 38.577
202309 39.465 129.860 40.284
202312 40.710 129.419 41.696
202403 42.242 131.776 42.491
202406 44.869 132.554 44.869

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Fabrinet  (STU:FAN) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Fabrinet Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Fabrinet's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Fabrinet Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fabrinet (STU:FAN) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
C/o Intertrust Corporate Services (Cayman) Limited, One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Fabrinet is a United States-based company that is principally engaged in providing outsourced manufacturing services to original equipment manufacturers (OEM). These OEM customers are mainly companies in complex industries that require precision manufacturing capabilities. The company offers a wide range of optical and electro-mechanical manufacturing capabilities across the whole producing process. It helps its customers to manufacture various products, such as selective switching products, active optical cables, tunable transponders and transceivers, lasers, and sensors. The company generates the majority of revenue from North America and Asia-Pacific, with the rest from Europe.

Fabrinet Headlines